Landlords leasing properties to tenants, give up a portion
of the bundle of rights by virtue of the lease. The tenant in some cases may
possess an interest in the value of the property when leases are relatively
long term and when rents are below market. A Leased Fee Appraisal will
determine the portion of the Fee Simple Value of a property that is vested in
the landlord. This can be a significant factor when leased properties are being
financed, as the collateral may be reduced from that of Fee Simple Market
Value.
ELLIOTT® is equipped to perform Leased Fee Appraisals
anywhere in the United States. We offer service in all counties within all
fifty states.